How much is a home worth in ZIP code 92602?

The typical home in 92602 is worth $2,058,967, based on the Zillow Home Value Index.

Are home values rising in 92602?

Home values in 92602 are down 1.0% over the past year, and up 12.2% a year over five years.

What is the typical rent in 92602?

A typical home in 92602 rents for about $3,350 a month, a gross rental yield of 2.0%.

What is the property tax rate in 92602?

The effective property tax rate in 92602 is 0.8% — roughly $16,445 a year on a typical home.

ZIP code 92602 has a population of 28,261 and a median household income of $161,620.

HousingHandbookReference data

…

U.S. ZIP Code · CA92602

Orange County · Los Angeles-Long Beach-Anaheim, CA

Typical home value

$2,058,967^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.0%
5-year / yr: +12.2%
10-year / yr: +8.3%

Relative price

vs U.S.: +624.8%
vs metro: +113.1%
vs state: +193.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 92602 is worth $2,058,967 — 113.1% above the Los Angeles-Long Beach-Anaheim, CA median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $3,350 a month — a 2.0% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,350^[2]
Gross yield: 2.0%^[2]
Cap rate: 1.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $16,445^[3]

#Climate risk

FEMA National Risk Index ratings for Orange County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Relatively High
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: No Rating
Tornado: Relatively Moderate
Earthquake: Very High
Winter weather: Very Low

#Who lives here

Population: 28,261^[3]
Median household income: $161,620^[3]

#Migration

Household moves in and out of Orange County over a year, from IRS tax-return data.

Net migration: -12,084^[5]
Moved in: 57,781
Moved out: 69,865

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 3
Middle: 0
High: 1

Arnold O. Beckman High
High · Grades 9–12 · Tustin Unified
2,713 students
Orchard Hills
Elementary · Grades K–8 · Tustin Unified
1,371 students
Hicks Canyon Elementary
Elementary · Grades K–5 · Tustin Unified
859 students
Myford Elementary
Elementary · Grades K–5 · Tustin Unified
520 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.0%

Net yield (after ~40% expenses)1.2%

Annual rent$40,205

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$10,411

Loan principal$1,647,174

Down payment$411,793

Total interest paid$2,100,879

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio4.03

Monthly cost to own$13,500

Monthly rent$3,350

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 99th percentile^[1]
Rental yield: 3rd percentile^[2]
Property tax: 91st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

4th for best 5-year appreciation in CAView list →

Frequently asked

How much is a home worth in ZIP code 92602?: The typical home in 92602 is worth $2,058,967, based on the Zillow Home Value Index.
Are home values rising in 92602?: Home values in 92602 are down 1.0% over the past year, and up 12.2% a year over five years.
What is the typical rent in 92602?: A typical home in 92602 rents for about $3,350 a month, a gross rental yield of 2.0%.
What is the property tax rate in 92602?: The effective property tax rate in 92602 is 0.8% — roughly $16,445 a year on a typical home.
Who lives in 92602?: ZIP code 92602 has a population of 28,261 and a median household income of $161,620.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

91302 vs 92602 →
Calabasas, CA
Typical home
$1,979,941
Gross yield
2.2%
90742 vs 92602 →
Huntington Beach, CA
Typical home
$2,148,708
Gross yield
—
90405
Santa Monica, CA
Typical home
$1,946,823
Gross yield
2.1%
91008
Bradbury, CA
Typical home
$1,919,134
Gross yield
—
90291
Los Angeles, CA
Typical home
$1,908,123
Gross yield
2.4%
90211
Beverly Hills, CA
Typical home
$2,234,114
Gross yield
2.0%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 92602 against any other ZIP — full side-by-side table.

Compare 92602 →

#Jump to section

U.S. ZIP Code · CA92602

Get more data on ZIPs like this

Get more data on ZIPs like this